ISIN:CA6614441096

EQS-News: North Peak's Upcoming Drill Program to Target Gold on Prospect Mountain North; Drilling Plans Close to Being Finalized and Weather Improving

Retrieved on: 
Wednesday, April 10, 2024

Eureka, Nevada--(Newsfile Corp. - April 9, 2024) - North Peak Resources Ltd. (TSXV: NPR) (the "Company" or "North Peak") is finalizing plans for its upcoming drilling campaign on its Prospect Mountain Property in Eureka, Nevada (the "Property" or "Prospect Mountain") which is expected to consist of up to 15,000 feet of R/C drilling with 20-30 holes targeting the gold zones on patented claims in the Wabash and Delaware/Madrid areas located in the northern portion of the Property ("Prospect Mountain North") (see Figure 1 below). Drilling at Prospect Mountain North will be at select areas around the former high-grade Williams, Wabash and Chicago gold mines, and the Wabash area which had 91 holes for 27,615 feet of vertical RC drilling completed in 1998/1999 when the gold price was much lower (see Figure 2 below). The campaign is also expected to include follow-up on a drill hole drilled by Homestake Mining that returned very promising gold assays; it is a lone hole located in the eastern portion of the Property with no other historic drilling activity nearby (see Figure 3 below).

Key Points: 
  • North Peak's Upcoming Drill Program to Target Gold on Prospect Mountain North; Drilling Plans Close to Being Finalized and Weather Improving
    The issuer is solely responsible for the content of this announcement.
  • Prospect Mountain contains both patented and unpatented land claims and hosts some 15-20 former underground gold mines close to surface as well as around 11 miles of underground tunnels.
  • Figure 1: Map view showing Prospect Mountain North and eastern part of Property referenced in press release.
  • To view an enhanced version of this graphic, please visit:
    Figure 2: North Area - Section view looking North.

EQS-News: North Peak's Upcoming Drill Program to Target Gold on Prospect Mountain North; Drilling Plans Close to Being Finalized and Weather Improving

Retrieved on: 
Wednesday, April 10, 2024

Eureka, Nevada--(Newsfile Corp. - April 9, 2024) - North Peak Resources Ltd. (TSXV: NPR) (the "Company" or "North Peak") is finalizing plans for its upcoming drilling campaign on its Prospect Mountain Property in Eureka, Nevada (the "Property" or "Prospect Mountain") which is expected to consist of up to 15,000 feet of R/C drilling with 20-30 holes targeting the gold zones on patented claims in the Wabash and Delaware/Madrid areas located in the northern portion of the Property ("Prospect Mountain North") (see Figure 1 below). Drilling at Prospect Mountain North will be at select areas around the former high-grade Williams, Wabash and Chicago gold mines, and the Wabash area which had 91 holes for 27,615 feet of vertical RC drilling completed in 1998/1999 when the gold price was much lower (see Figure 2 below). The campaign is also expected to include follow-up on a drill hole drilled by Homestake Mining that returned very promising gold assays; it is a lone hole located in the eastern portion of the Property with no other historic drilling activity nearby (see Figure 3 below).

Key Points: 
  • North Peak's Upcoming Drill Program to Target Gold on Prospect Mountain North; Drilling Plans Close to Being Finalized and Weather Improving
    The issuer is solely responsible for the content of this announcement.
  • Prospect Mountain contains both patented and unpatented land claims and hosts some 15-20 former underground gold mines close to surface as well as around 11 miles of underground tunnels.
  • Figure 1: Map view showing Prospect Mountain North and eastern part of Property referenced in press release.
  • To view an enhanced version of this graphic, please visit:
    Figure 2: North Area - Section view looking North.

EQS-News: North Peak Reports at Least 8 Zones up to 9.5% Zinc and 4.6% Lead on Its First Exploration Hole in Eureka, Nevada, Along with a New Gold Zone of 0.6 g/t Au over 3.1 Meters

Retrieved on: 
Wednesday, March 13, 2024

Calgary, Alberta--(Newsfile Corp. - February 12, 2024) - North Peak Resources Ltd. (TSXV: NPR) (the "Company" or "North Peak") reports that its 3,253-foot first exploration core hole (PM23-001) successfully drilled the conductive Mobile MT geophysical anomaly identified from summer 2023 surveys on its Prospect Mountain Property in Eureka, Nevada (the "Property" or "Prospect Mountain") (see the Company's October 27, 2023 press release).

Key Points: 
  • "This initial drill hole was positioned to enable us to target the MT anomaly identified from an operationally efficient location in winter," commented Mike Sutton, Director and Senior Geologist.
  • PM23-001 was successful in intersecting several zones of pyrite, sphalerite, galena +- chalcopyrite mineralization in the projected area of the MT geophysical anomaly.
  • These results from WS01 and WS02 are consistent with the localized gold and polymetallic intercepts found in PM23-001.
  • Towards the end of PM23-001 (west of the underground workings), marbelization of the dolomite is present and granitic dyke was intersected.

EQS-News: North Peak Announces Results of Dump Sampling Program on Prospect Mountain, Eureka, Nevada

Retrieved on: 
Monday, February 5, 2024

Calgary, Alberta--(Newsfile Corp. - January 31, 2024) - North Peak Resources Ltd. (TSXV: NPR) (the "Company" or "North Peak") announces results from the first phase of sampling of surface workings on its Prospect Mountain property in Eureka, Nevada (the "Property"). As part of a surface mapping project, some of the dumps, numerous surface shafts, adits and scrapes were assayed.

Key Points: 
  • North Peak Announces Results of Dump Sampling Program on Prospect Mountain, Eureka, Nevada
    The issuer is solely responsible for the content of this announcement.
  • Calgary, Alberta--(Newsfile Corp. - January 31, 2024) - North Peak Resources Ltd. (TSXV: NPR) (the "Company" or "North Peak") announces results from the first phase of sampling of surface workings on its Prospect Mountain property in Eureka, Nevada (the "Property").
  • Twelve samples returned grades > 5 g/t Au, and averaged 10.34 g/t Au, 200.8 g/t Ag, 0.20% Cu, 2.96% Pb, 1.30% Zn.
  • The Company's QA/QC program includes the regular insertion of blanks and standards into the sample shipments, as well as instructions for duplication.

EQS-News: North Peak Completes First Drill Hole at Diamond Mine on Prospect Mountain, Eureka; Downhole EM Survey Being Undertaken Shortly; Assay Results Pending

Retrieved on: 
Tuesday, January 30, 2024

Calgary, Alberta--(Newsfile Corp. - January 19, 2024) - North Peak Resources Ltd. (TSXV: NPR) (the "Company" or "North Peak") reports that it has drilled its first deep core hole at Prospect Mountain (the "Property") and that a BHEM survey is being undertaken to identify potential locations for further wedge drilling. This first hole NPR23-01 in Phase 1 of North Peak's program was 3,250 feet in length and targeted the roughly 2 kilometre conductive anomaly, located directly beneath the old oxide gold, silver, lead and zinc historical stopes of the Diamond Mine, as a result of geophysical surveys the Company carried out in the summer of 2023 (see the Company's October 27, 2023 press release).

Key Points: 
  • North Peak Completes First Drill Hole at Diamond Mine on Prospect Mountain, Eureka; Downhole EM Survey Being Undertaken Shortly; Assay Results Pending
    The issuer is solely responsible for the content of this announcement.
  • The drill pad was located at an operational optimal location, at the portal entrance to the Diamond mine.
  • The metal casing was left in the hole to allow for potential wedge holes that would be drilled following the completion of a downhole geophysical BHEM survey.
  • Samples for this first core hole have been submitted to ALS Laboratories and North Peak is awaiting the completion of the full multi-element results and expects results in the next few weeks.

North Peak Reports Work Programs at Prospect Mountain Support Interpretation of Deep-Seated Mineralization Below Historic Workings; Drilling Approval Received

Retrieved on: 
Wednesday, October 18, 2023

Calgary, Alberta--(Newsfile Corp. - October 18, 2023) - North Peak Resources Ltd. (TSXV: NPR) (the "Company" or "North Peak") has now completed the comprehensive geophysical surveys and geochemical sampling programs planned for its Prospect Mountain property in Eureka, Nevada (the "Property" or "Prospect Mountain").

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - October 18, 2023) - North Peak Resources Ltd. (TSXV: NPR) (the "Company" or "North Peak") has now completed the comprehensive geophysical surveys and geochemical sampling programs planned for its Prospect Mountain property in Eureka, Nevada (the "Property" or "Prospect Mountain").
  • Prospect Mountain has hosted many of the historic mining operations of the Eureka camp, on both its eastern and western flanks.
  • The soil sampling campaign highlighted both CRD and Carlin style systems extending across the property, reinforcing the historic Homestake rock chip sampling (see Figure 2).
  • To view an enhanced version of this graphic, please visit:
    Figure 2: Soil sampling campaign results, highlighting CRD and Carlin style mineralization.

North Peak Advances Prospect Mountain Acquisition Formalities; Issues 5 Million Shares to the Erickson Group and Ty Erickson Joins Board of Directors; Work Programs Continue to Define Drilling Targets

Retrieved on: 
Friday, August 25, 2023

The mining claims and rights and related permits that constitute the Property are in the process of being transferred into North Peak Gold LLC (the "Transfers").

Key Points: 
  • The mining claims and rights and related permits that constitute the Property are in the process of being transferred into North Peak Gold LLC (the "Transfers").
  • The Company has the right to acquire the remaining 20% interest by issuing an additional 3 million common shares to Solarljos, as described below.
  • "Ty's presence on the Board will ensure the contribution of decades long family ownership of the Prospect Mountain property to North Peak's shareholders."
  • The Company's Nevada subsidiary, North Peak Nevada Ltd, is acting as manager for North Peak Gold LLC and operator of the Property.